{"id":235449,"date":"2022-09-26T14:02:03","date_gmt":"2022-09-26T19:02:03","guid":{"rendered":"https:\/\/homeslandcountrypropertyforsale.com\/recreational-properties\/properties\/160-acres-4-2-roi-row-crop-hunting-farm-house\/"},"modified":"2022-09-26T14:02:03","modified_gmt":"2022-09-26T19:02:03","slug":"160-acres-4-2-roi-row-crop-hunting-farm-house","status":"publish","type":"estate_property","link":"https:\/\/homeslandcountrypropertyforsale.com\/recreational-properties\/real-estate-listings\/160-acres-4-2-roi-row-crop-hunting-farm-house\/","title":{"rendered":"160+\/- Acres, 4.2% Roi, Row Crop, Hunting, Farm House"},"content":{"rendered":"<p><span style=\"font-size:20px\">4.2% Return on Investment-Row Crop Lease, Hunting Lease, &#038; Residential Lease<\/span><\/p>\n<p><strong>Property Location:\u00a0<\/strong>15738 240th Street, Lucerne, MO 64655<br \/>\n<strong>County:<\/strong>\u00a0Putnam<br \/>\n<strong>School District:<\/strong>\u00a0Putnam County R-I<\/p>\n<p><strong>Viewing the Property:<\/strong><br \/>\nInterested parties are welcome to go look at the farm. At time of listing the house is rented. Please do not disturb the tenants. Please call or text Toby or Dennis prior to viewing.<\/p>\n<p><strong>Acres:<\/strong><br \/>\n161.96+\/-\u00a0 FSA Total Acres<br \/>\n120.71+\/- FSA Tillable Acres<br \/>\n158.7+\/- Taxed Acres<\/p>\n<p><strong>Taxes:\u00a0<\/strong>$783.65 *to be verified by the buyer<\/p>\n<p><strong>Property Features:<\/strong><br \/>\nImpressive 4.2% Return At Asking Price<br \/>\nRow Crop Income<br \/>\nPasture Lease Income<br \/>\nHunting Lease Income<br \/>\nResidential Lease Income\u00a0<br \/>\nExcellent Hunting Opportunities<br \/>\nGreat Food Plot Locations<br \/>\nMultiple Stocked Ponds<br \/>\nLarge Farmhouse<br \/>\nOutbuildings<br \/>\nRoad Frontage<br \/>\nExcellent Fencing and Gates<br \/>\nCreek Crossing<br \/>\nCattle Waterers<br \/>\n\u00a0<br \/>\n<strong>Property Details:<\/strong><br \/>\nHere is a great diverse property providing income from numerous sources. This property generates an impressive 4.2% return at the asking price from row crop, hay, hunting, and residential lease income. Total acres are 160+\/- with 97 acres currently in row crop production and 25 acres in hay production. The remainder of the farm is comprised of timber, draws, a creek and ponds. With heavy bedding on neighboring properties funneling into wooded draws on this property, there is certainly some opportunity to have excellent hunting. This property has multiple pockets and clearings that would make excellent food plot locations should a new owner want to improve the hunting habitat.<\/p>\n<p>Also included on this property is an existing\u00a0 farmhouse including\u00a0 five-bedrooms, one-and-a-half bath and approximately 2150 square feet. In addition, there is a newer pole barn, a detached garage, storage shed, and RV cover. Rural water and electricity are present on the property. This farmhouse could become a special house with some updating.\u00a0<\/p>\n<p>This farm is truly a homestead and provides a little bit of everything on the farm. If you\u2019ve been looking for a diverse income producer then give this place a look!<\/p>\n<p><strong>Hunting Lease:<\/strong><br \/>\nThe farm is leased for hunting at a rate of $6,500 annually. Lease to expire June 1, 2023. Purchaser to honor existing hunting lease.<\/p>\n<p><strong>Residential Lease:<\/strong><br \/>\nHouse is leased at a rate of $650 per month. Residential lease to expire April 19th 2023. Purchaser to honor existing residential lease.<\/p>\n<p><strong>Row Crop Lease:<\/strong><br \/>\nFarm currently leased for row crop production at a rate of $125 per acre on 97 acres for 2022. Farm lease to be $160 per acre on 97 acres for 2023 and 2024. Farm lease to expire December 31st 2024. Purchaser to honor existing row crop lease.<\/p>\n<p><strong>Hay Lease:<\/strong><br \/>\nFarm currently leased for hay production at a rate of $70 per acre on 25 acres. Hay lease to expire December 31st 2024. Purchaser to honor existing lease on hay ground.\u00a0<\/p>\n<p>\n<strong>Directions:\u00a0<\/strong>From Unionville West on HWY 136. South on Highway K. West on Jewel Rd. Property sits on North side of road.\u00a0<\/p>\n<p><!--Features--><\/p>\n<div style=\"width: 100%\">\n<p><strong>PROPERTY FEATURES:<\/strong><\/p>\n<p>4.2% Return At Asking Price<br \/>\nPasture Lease Income<br \/>\nHunting lease Income<br \/>\nResidential Lease Income<br \/>\nHunting Opportunities<br \/>\nMultiple Stocked Ponds<br \/>\nLarge Farmhouse<br \/>\nOutbuildings &#038; More<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>4.2% Return on Investment-Row Crop Lease, Hunting Lease, &#038; Residential Lease Property Location:\u00a015738 240th Street, Lucerne, MO 64655 County:\u00a0Putnam School District:\u00a0Putnam County R-I Viewing the Property: Interested parties are welcome to go look at the farm. At time of listing the house is rented. Please do not disturb the tenants. Please call or text Toby or Dennis prior to viewing. Acres: 161.96+\/-\u00a0 FSA Total &#8230;<\/p>\n","protected":false},"featured_media":235450,"comment_status":"closed","ping_status":"closed","template":"","property_category":[],"property_action_category":[],"property_city":[1286],"property_area":[],"property_county_state":[51],"property_features":[],"property_status":[9543],"class_list":["post-235449","estate_property","type-estate_property","status-publish","has-post-thumbnail","hentry","property_city-lucerne","property_county_state-missouri","property_status-sold"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>160+\/- Acres, 4.2% ROI, Row Crop, Hunting, Farm House<\/title>\n<meta name=\"description\" content=\"4.2% Return on Investment-Row Crop Lease, Hunting Lease, &amp; Residential Lease Property Location:&nbsp;15738 240th Street, Lucerne, MO...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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